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Arthur J. Gallagher
AJG · NYSEInsurance Brokerage
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AI demand
Premiums &capitalthe money flowing inBrokers &distributionwho places the coverInsurerswho carries the riskReinsuranceinsuring the insurersClaims,payouts &…where the money goesHHHouseholdsBIZMid-market businessesAJGArthur J. GallagherAPAssuredPartnersGReGallagher ReCBChubbTRVTravelersHIGThe Hartford···Insurance carriersREGlobal reinsurersGBClaims & risk management
Company details
Market cap
$52B
P/E ratio
~18× (adj.)
Div yield
~1.4%
EPS (adj. TTM)
~$11.5
Net margin
~17%
Rev. growth
+21%
Revenue
~$13.8B
Offices
1,000+ worldwide
In plain English
Arthur J. Gallagher is the world's third-largest insurance broker — a middleman that never carries the risk itself. It places cover for mid-sized companies, governments and individuals with the insurers and reinsurers that underwrite it, earning commissions and fees, and grows relentlessly by swallowing smaller agencies (the ~$13.45B AssuredPartners deal in 2025 was its biggest ever).
In simple terms
What Arthur J. Gallagher really sells
Arthur J. Gallagher is the world's third-largest insurance broker — a middleman that never carries the risk itself. It places cover for mid-sized companies, governments and individuals with the insurers and reinsurers that underwrite it, earning commissions and fees, and grows relentlessly by swallowing smaller agencies (the ~$13.45B AssuredPartners deal in 2025 was its biggest ever).
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Risk read
Moderate
SteadierMore speculative
Why this rating?